Olimbi plants other veggies as well but in small quantities. “It is lots of work and my husband helps me, otherwise, I would not be able to do it all on my own. It is physical work…, “she sighed. “Sometimes in the beginning of spring, when our plants are still very small, rain goes on for long time and literally, it damages the crops. Whatever we had invested in goes in vain,” Olimbi said.
Olimbi will use this loan to buy pesticides for the crops
More information about this loan
This loan is part of VisionFund Albania's value chain project designed to address the needs of extremely poor clients. The project has selected 90 clients from Area Development Projects and local economic empowerment projects run by WorldVision Albania (WVA) to serve the very poor. It will focus on livestock and agriculture financing, technical assistance, entrepreneurial skills training and expanding market access for clients' products. Importantly, interest rate payments will be covered by WVA. By supporting this loan, you are providing opportunity to some of the poorest people in rural Albania who have little to no access to credit, even through basic microfinance institutions.
About VisionFund AlbaniaVisionFund Albania is a micro-finance subsidiary of child hunger nonprofit World Vision International. Striving to improve child welfare, the organization offers a variety of loan products designed for rural, traditionally underserved clients and their families. These products include agriculture, business and household improvement loans, as well as "integration loans" targeted to help the poorest, most vulnerable Albanian households acquire value chain resources.
While VFA is focused on the empowerment of the poor overall, it pays special attention to women. About 60% of loans to entrepreneurs on Kiva go to women.
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Success!! The loan was 100% repaid